General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAny DUer whose time frame isn't greater than seven years should think about divesting
A land war in Asia is going to roil the markets.
I hope and pray cooler heads prevail but we are dealing with two lunatics.
Heartstrings
(7,349 posts)Kimberly Clark for these assholes.....my grandmother worked/sacrificed so this can be handed down to her great grandchildren.....
Nope....not going to do it!
DemocratSinceBirth
(99,714 posts)Heartstrings
(7,349 posts)everyone needs toilet paper, Kleenex, paper towels, etc. ....
Kimberly Clark isn't owned by the Koch Bros......I will do everything I can to stifle those evil men.
The company is based in my home state, my mother worked there, packing women's fem hygiene products, while my father was a pilot instructor during WWII. My grandmother began buying it, at the advice of her employer, who she sewed/cleaned and Nannied his children for while he and his wife traveled to Europe for months, from the very beginning....it has sentimental value!
Knowing "where" my money is, and "with whom" is always an issue these days, as well.
Buy Kimberly Clark....hell it's American......
#MAGA
(That was really painful to write)
Warren DeMontague
(80,708 posts)(Even without the shit going down in NK... which could turn out to be just dick-waving, there's a lot of that that goes on with that country; fact is, the market is near all-time highs right now, so it's not a bad time to consider it.)
I get sentiment, but you don't want to have all your eggs in ANY single equity. Doesn't matter which company.
herding cats
(19,568 posts)All your eggs in any basket is never a safe long term strategy.
LeftInTX
(25,567 posts)Neenah Wisconsin: home of Kimberly-Clark
(Well at least it used to be, till they moved their HQ to Dallas)
lindysalsagal
(20,733 posts)It's not growing, but it's not disappearing, either.
herding cats
(19,568 posts)Inflation on the real goods you'll be purchasing later is actually what you need to watch out for. You're not hedging your bets enough to cover that at this point.
lindysalsagal
(20,733 posts)I also have a pension, so, it's not my real source of income.
XRubicon
(2,212 posts)It is coming.
DemocratSinceBirth
(99,714 posts)A HERETIC I AM
(24,380 posts)Oh look! Someone with a crystal ball!!
Sell it all!!
And then there is the best response one should have regarding anonymous investing advice on a message board;
Warren DeMontague
(80,708 posts)I caught a lot of shit for speculating that I thought it might be a good time to buy, IIRC.
Everything I know about the Stock Market I learned from Rodney Dangerfield in "Caddyshack".
A HERETIC I AM
(24,380 posts)But no one, at least on this board, seems to be able to call a bottom
"When there is blood on the floor and everyone is running for the doors, the smart money turns and walks the other way"
Warren DeMontague
(80,708 posts)Unfortunately I wasn't what you would call "super liquid" at the time.
Otherwise I would have.. what, nearly quardupled by now?
A HERETIC I AM
(24,380 posts)I remember watching Ford shares fall and fall and fall. The lowest point was $1.01 a share.
You could have turned a thousand bucks into 18 grand in the space of 3 years.
But.....when they gave me my certification for passing the Series 7, they didn't give me a crystal ball
Another great adage:
"Buy what's cheap, sell what's expensive"
If you have a margin account, you can do both on either side of the trade.
DemocratSinceBirth
(99,714 posts)-if Trump orders a preemptive nuclear first strike that kills millions of Koreans?
- if said strike causes civil unrest in the U S and major cities throughout the globe?
- if we attack Korea with conventional weapons and they respond by using chemical, biological, and nuclear weapons on Seoul and Tokyo?
- the war goes on for months and China gets involved?
-Trump declares martial law.
I am far from a rich man but I'll wager a C Note contribution to DU if it's still around that after any of the above happen that we we'll see Dow 15,000 before we see Dow 25,000.
Trump is not normal. He is capable of precipitating the apocalypse.
BainsBane
(53,072 posts)Assholes.
Warren DeMontague
(80,708 posts)the next best thing to a nonexistent one is a completely paralyzed, ineffectual one that can't do anything at all.
And he's got that shizzz, down.
DFW
(54,445 posts)Traditionally, Republicans are posturing cowards. They only try to attack where they think their adversary will not shoot back (Iraq was a major miscalculation, not a deviation, where Panama and Grenada were more typical). Notice that for all their swaggering, they never even considered invading Iran. With an army of a million brainwashed fanatics in a relatively small, mountainous geographical area, any invasion would result in tens of thousands of American dead, not to mention probably a million South Koreans, and you can believe no "coalition of the willing" will be willing to join us.
If Trump actually is insane enough to try to order an attack on North Korea, I'm betting he meets enough resistance in the Pentagon and Congress to declare him sufficiently mentally unbalanced as to remove him as CIC, maybe from office altogether as the former Republican Senator from New Hampshire suggested on Lawrence O'Donnell tonight.